Our Company’s %100 subsidiary, Vestel Elektronik Gereçler Ticaret Limited Şirketi converted from a limited liability company to a joint stock company named Vestel Ventures Arge A.Ş., which is also a wholly owned subsidiary of Vestel Elektronik Sanayi ve Ticaret A.Ş.
Fields of activity of Vestel Ventures Arge A.Ş. include conducting market and sector research, preparation of all types of study and feasibility reports, project management, consulting, preparation of technical and commercial specification documents, due diligence, provision of expertise and expert services and market research services for all type of sectors in Turkey and abroad.
Vestel Ventures Arge A.Ş. will increase its paid-in capital from TL 10,000 to TL 6,000,000 via a rights issue, in which Vestel Elektronik Sanayi ve Ticaret A.Ş. will fully participate by injecting
TL 5,990,000.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of
TL 14,090 at a TL 10.75 per share on December 29, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.54%.
Pursuant to the CMB’s “Merger and Split Communiqué” numbered II-23.2, the merger announcement document relating to Vestel Elektronik’s merger with its 100% owned subsidiary, Deksar Multimedya ve Telekomünikasyon AŞ through the “Facilitated Merger” method has been approved by the Capital Market Board.
Merger agreement, merger announcement and related financial statements are available in Turkish on our website.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of TL 159,962 in the price range of TL10.3 to TL10.75 per share on December 16, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.53%.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of TL 57,064 in the price range of TL10.25 to TL10.50 per share on December 5, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.44%.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of
TL 12,799 at a TL 10.0 per share on December 1, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.41%.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of TL 17,066 in the price range of TL9.98 to TL10.0 per share on November 27, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.39%.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of TL 26,647 at a TL10.0 per share on November 26, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.38%.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of TL 5,597 in the price range of TL9.99 to TL10.0 per share on November 25, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.37%.
Vestel Elektronik bought Vestel Beyaz Eşya shares from the market with a nominal value of TL 45,265 in the price range of TL9.90 to TL10.0 per share on November 24, 2014. Following the transaction, the Company's share in Vestel Beyaz Eşya reached 94.37%.